Following information is available regarding process A for the month of February, related to the current year. Presuming that average method of inventory is used, prepare: (i) Statement of equivalent...

Following information is available regarding process A for the month of February, related to the current year.

Presuming that average method of inventory is used, prepare:

(i) Statement of equivalent production.

(ii) Statement showing cost for each element

(iii) Statement of apportionment of cost.

(iv) Process cost account for process A.